Free Republic

We have a lot of stupid people the United States governments. ItÂ’s not their fault. The creators of our Constitution designed a system that should rarely entangle itself in highly profitable transactions that involve innovative products or strategies. As a result, our economy historically bids the most driven and intelligent away from government jobs. Government, then, finds a governing formula that works, and sticks to it, often no matter what. China, as every American senses, differs. There, the government bears no shame in announcing that it is the sole source of all beneficial economic activity. In this way, the...

But rushing to replace gasoline-powered cars with electric vehicles would hand the keys to the American transportation sector to China, given Beijing’s near-monopoly on rare-earth elements like neodymium and dysprosium, which are used in the high-output motors of most electric vehicles. ... manager at a state-owned rare-earth enterprise based in Ganzhou: “The new company will enforce stricter rules on the production quantity as well as the export volume of rare earths, which may also drive up prices.” In May, the International Energy Agency reported that an electric-vehicle motor requires “upwards of 1 kilogram,” or more than 2 pounds, of rare-earth...

USA Rare Earth, the funding and development partner of the Round Top heavy rare earth project and Texas Mineral Resources announced Thursday that its rare earths pilot plant processing facility in Wheat Ridge, Colorado has received the required permits and officially opened. Once fully commissioned, the plant will be focused on group separation of rare earths into heavy (dysprosium, terbium), middle, and light (neodymium, praseodymium) rare earths (REE’s) and will be the first facility to separate the full range of rare earth elements in the US since 1999. USA Rare Earth’s pilot plant is the second link in a 100%...

A simple visit to an obscure factory by Chinese President Xi on Monday is all it took to raise the specter that China could be contemplating cutting off supply of critical materials to the U.S. and potentially crippling large swathes of its industries. Also, fueled by political innuendo in Xi’s recent call for a new “Long March” in reference to a key founding tenet of the Chinese Communist Party, speculators are growing increasingly wary of Chinese export restrictions to the U.S., including rare earth minerals. As the world’s largest producer, the Middle Kingdom has a vice-like grip on rare earths...

MP Materials, which runs the sole operating rare earths mine in the United States, is an unusual victim in the year-long tit-for-tat trade war between the two largest economies on the planet, as the conflict looks set to open up a new battlefront over technology. The operator of the Mountain Pass mine in California said it will kick-start its own processing operation by the end of 2020, after China last week more than doubled an import duty on concentrates to 25 per cent effective June 1. MP exports pellets – ground-up ores that contain oxides of rare earth elements –...

This Magnet is no Joke I don't often write reviews, but for this.....I had to write one. The magnet was everything as described, but please realize this is not a toy. This magnet is uncontrollable within 6-12 inches of a solid metal surface. If you are looking to just buy a strong magnet to "play" around with, buy this with extreme caution. There would not be much noticeable bone left if your finger was caught between this magnet and another magnet/fridge. Again, the magnet was everything stated in the description but its strength is no joke. Scary Strong I'm kind...

Chinese price manipulation has taken its toll on the U.S. economy Rare earth metals are an increasingly integral part of everything from automobiles to television sets.  But the precious metals are tightly controlled by China, with an excess of 95 percent of current suplly coming from Chinese-owned mines and refineries.  The degree of control has allowed China to manipulate prices, cutting back on demand to sell less material for the same amount of profit, any businessperson's dream. I. New Private-Public Partnership Sets Aim on Chinese Mineral Hegemony The problem is that it takes several years or more to bring rare...

On the outskirts of one of China’s most polluted cities, an old farmer stares despairingly out across an immense lake of bubbling toxic waste covered in black dust. He remembers it as fields of wheat and corn. (snip) Vast fortunes are being amassed here in Inner Mongolia; the region has more than 90 per cent of the world’s legal reserves of rare earth metals, and specifically neodymium, the element needed to make the magnets in the most striking of green energy producers, wind turbines.

Minerals, facing shortage, are key for military hardware, cell phones. Boeing has signed a deal to deploy remote sensing technology to map out U.S. deposits of rare earth elements. The rare earth family of minerals is the real-life version of the precious element "unobtanium" in James Cameron's movie "Avatar." They are used to make everything from military hardware to humble cell phones, but could soon be in short supply as worldwide demand outstrips mining production in China. The aerospace and defense giant announced today that it will confirm rare earth mining claims held by U.S. Rare Earths, Inc. at locations...

An audit by Neil Barofsky, the special inspector general for the Troubled Asset Relief Program, found that President Obama's auto task force arbitrarily closed many profitable dealerships, destroying thousands of jobs "based on a theory and without sufficient consideration of the decision's broader economic impact." Barofsky observed that Chrysler and GM were subsequently forced to reinstate more than 700 of the approximately 3,000 disenfranchised dealers, "suggesting, at the very least, that the number and speed of the terminations was not necessarily critical to the manufacturers' viability." One more thing: China has a virtual monopoly on neodymium, a rare earth metal...

Supplies of speciality metals like lithium, neodymium and indium could become restricted unless recycling rates improve. That's the message from the first two of six reports prepared to assess metal supply sustainability for the United Nations Environment Programme (UNEP). 'Scientists should anticipate the possibility that they may not have the whole periodic table to work with in future,' says Thomas Graedel, who led the Global Metal Flows Working Group that compiled the studies.  The report series won't deliver overall supply and demand projections until nearer to the 2012 Rio Earth Summit. Nevertheless Graedel, who is also director of Yale University's Center for Industrial Ecology...

When you really need something, it's natural to worry about running out of it. Peak oil has been a global preoccupation since the 1970s, and the warnings get louder with each passing year. Environmentalists emphasize the importance of placing limits on consumption of fossil fuels, but haven't been successful in encouraging people to consume less energy—even with the force of law at their backs. But maybe they're going about it all wrong, looking for solutions in the wrong places. Economists Lucas Bretschger and Sjak Smulders argue that the decisive question isn't to focus directly on preserving the resources we already...

LOS ANGELES (Reuters) – The Prius hybrid automobile is popular for its fuel efficiency, but its electric motor and battery guzzle rare earth metals, a little-known class of elements found in a wide range of gadgets and consumer goods. That makes Toyota's market-leading gasoline-electric hybrid car and other similar vehicles vulnerable to a supply crunch predicted by experts as China, the world's dominant rare earths producer, limits exports while global demand swells. Worldwide demand for rare earths, covering 15 entries on the periodic table of elements, is expected to exceed supply by some 40,000 tonnes annually in several years unless...